Bitcoin Seed Phrases: The Challenge of Mainstream Self-Custody Adoption

Bitcoin Seed Phrases: The Challenge of Mainstream Self-Custody Adoption   bitcoinmagazine.com 12 July 2024 17:23, UTC An underlying theme of this cycle has been to challenge preconceived notions about how people use Bitcoin around the world. New behaviors are emerging and other cultures are using the asset in a way that is breaking previously established…

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EigenLayer threatened by Sybill attack with up to 50% fake delegations

EigenLayer threatened by Sybill attack with up to 50% fake delegations   cryptopolitan.com 11 July 2024 10:57, UTC EigenLayer, the leading re-staking protocol for Ethereum (ETH), is facing the problem of impersonation during its Season 2 airdrop. Clusters of wallets are flocking to certain validators, and are claiming more than 2B EIGEN tokens. EigenLayer seems…

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Celer and Compound Hacked: dYdX, Pendle, and Other DeFi Platforms at Risk

Celer and Compound Hacked: dYdX, Pendle, and Other DeFi Platforms at Risk   beincrypto.com 11 July 2024 14:31, UTC Hackers targeted the websites of prominent decentralized finance (DeFi) platforms Celer and Compound Finance. The breaches have alarmed the DeFi community, prompting warnings of potential risks to other major platforms. Cybersecurity Alert: DeFi Giants Celer and…

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Centralized Exchanges vs. Self-Custody: Which is Safer for Your Crypto?

Centralized Exchanges vs. Self-Custody: Which is Safer for Your Crypto?   coinedition.com 16 July 2024 17:26, UTC Ripple’s Chief Technology Officer, David Schwartz, has expressed skepticism about the safety of storing cryptocurrency on centralized exchanges. In a recent online discussion, Schwartz highlighted the potential risks for users’ funds in the event of an exchange’s financial…

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